Xiamen R&T Plumbing Technology Co Ltd Net Assets
Xiamen R&T Plumbing Technology Co Ltd net assets. Based on the latest financial reports, Xiamen R&T Plumbing Technology Co Ltd (002790) has net assets worth CN¥2.06 Billion CNY (≈ $302.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.52 Billion ≈ $368.19 Million USD) and total liabilities (CN¥451.31 Million ≈ $66.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore 002790 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.06 Billion |
| % of Total Assets | 82.06% |
| Annual Growth Rate | 18.31% |
| 5-Year Change | 16.61% |
| 10-Year Change | 51.92% |
| Growth Volatility | 31.01 |
Net Assets of Xiamen R&T Plumbing Technology Co Ltd (2011–2025)
Net assets of Xiamen R&T Plumbing Technology Co Ltd from 2011 to 2025. This chart illustrates how Xiamen R&T Plumbing Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002790 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Xiamen R&T Plumbing Technology Co Ltd (2011–2025)
The table below shows the annual net assets of Xiamen R&T Plumbing Technology Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Xiamen R&T Plumbing Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.06 Billion ≈ $301.90 Million |
-3.06% |
| 2024-12-31 | CN¥2.13 Billion ≈ $311.43 Million |
+2.86% |
| 2023-12-31 | CN¥2.07 Billion ≈ $302.78 Million |
+7.38% |
| 2022-12-31 | CN¥1.93 Billion ≈ $281.99 Million |
+8.92% |
| 2021-12-31 | CN¥1.77 Billion ≈ $258.90 Million |
+5.09% |
| 2020-12-31 | CN¥1.68 Billion ≈ $246.35 Million |
+2.64% |
| 2019-12-31 | CN¥1.64 Billion ≈ $240.01 Million |
+6.82% |
| 2018-12-31 | CN¥1.54 Billion ≈ $224.69 Million |
+5.57% |
| 2017-12-31 | CN¥1.45 Billion ≈ $212.83 Million |
+7.10% |
| 2016-12-31 | CN¥1.36 Billion ≈ $198.72 Million |
+121.05% |
| 2015-12-31 | CN¥614.35 Million ≈ $89.90 Million |
+27.09% |
| 2014-12-31 | CN¥483.38 Million ≈ $70.73 Million |
+31.41% |
| 2013-12-31 | CN¥367.83 Million ≈ $53.83 Million |
+25.28% |
| 2012-12-31 | CN¥293.61 Million ≈ $42.96 Million |
+49.83% |
| 2011-12-31 | CN¥195.96 Million ≈ $28.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen R&T Plumbing Technology Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 616.2% over the analyzed period, indicating profitable operations and earnings retention.
Xiamen R&T Plumbing Technology Co Ltd Net Assets Breakdown (December 2025)
Xiamen R&T Plumbing Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.01 Billion | 48.84% |
| Other Components | CN¥1.06 Billion | 51.16% |
| Total Equity | CN¥2.06 Billion | 100.00% |
Xiamen R&T Plumbing Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen R&T Plumbing Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
$357.73 Million |
|
Karbon Capital Partners Corp. Class A Ordinary Shares
NASDAQ:KBON
|
$357.79 Million |
|
Cuckoo Homesys Co Ltd
KO:284740
|
$357.85 Million |
|
IVU Traffic Technologies AG
XETRA:IVU
|
$357.92 Million |
|
Sky ICT Public Company Limited
BK:SKY
|
$357.71 Million |
|
Frp Holdings Ord
NASDAQ:FRPH
|
$357.66 Million |
|
INVALDA INVL AB EO-29
F:WTK
|
$357.64 Million |
|
Tarczynski S.A.
WAR:TAR
|
$357.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen R&T Plumbing Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,129,443,478 to 2,064,689,242, a change of -64,754,236 (-3.0%).
- Net income of 18,306,739 contributed positively to equity growth.
- Dividend payments of 83,865,289 reduced retained earnings.
- Other comprehensive income decreased equity by 190,937,439.
- Other factors increased equity by 191,741,754.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥18.31 Million | +0.89% |
| Dividends Paid | CN¥83.87 Million | -4.06% |
| Other Comprehensive Income | CN¥-190.94 Million | -9.25% |
| Other Changes | CN¥191.74 Million | +9.29% |
| Total Change | CN¥- | -3.04% |
Book Value vs Market Value Analysis
This analysis compares Xiamen R&T Plumbing Technology Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.21x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.63 | CN¥5.85 | x |
| 2012-12-31 | CN¥0.95 | CN¥5.85 | x |
| 2013-12-31 | CN¥1.20 | CN¥5.85 | x |
| 2014-12-31 | CN¥1.57 | CN¥5.85 | x |
| 2015-12-31 | CN¥2.00 | CN¥5.85 | x |
| 2016-12-31 | CN¥3.52 | CN¥5.85 | x |
| 2017-12-31 | CN¥3.57 | CN¥5.85 | x |
| 2018-12-31 | CN¥3.72 | CN¥5.85 | x |
| 2019-12-31 | CN¥3.98 | CN¥5.85 | x |
| 2020-12-31 | CN¥4.04 | CN¥5.85 | x |
| 2021-12-31 | CN¥4.20 | CN¥5.85 | x |
| 2022-12-31 | CN¥4.58 | CN¥5.85 | x |
| 2023-12-31 | CN¥4.95 | CN¥5.85 | x |
| 2024-12-31 | CN¥5.06 | CN¥5.85 | x |
| 2025-12-31 | CN¥4.94 | CN¥5.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen R&T Plumbing Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.22x
- Recent ROE (0.89%) is below the historical average (16.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 39.19% | 15.80% | 1.39x | 1.78x | CN¥57.21 Million |
| 2012 | 33.26% | 16.49% | 1.28x | 1.57x | CN¥68.29 Million |
| 2013 | 36.49% | 19.73% | 1.20x | 1.54x | CN¥97.44 Million |
| 2014 | 28.87% | 18.26% | 1.02x | 1.55x | CN¥91.21 Million |
| 2015 | 25.23% | 19.01% | 0.93x | 1.43x | CN¥93.54 Million |
| 2016 | 12.97% | 21.56% | 0.54x | 1.12x | CN¥40.36 Million |
| 2017 | 11.03% | 17.49% | 0.57x | 1.11x | CN¥14.97 Million |
| 2018 | 10.49% | 16.21% | 0.57x | 1.13x | CN¥7.50 Million |
| 2019 | 11.07% | 16.36% | 0.59x | 1.15x | CN¥17.53 Million |
| 2020 | 6.81% | 8.93% | 0.61x | 1.24x | CN¥-53.69 Million |
| 2021 | 7.86% | 7.46% | 0.83x | 1.26x | CN¥-38.03 Million |
| 2022 | 10.91% | 10.77% | 0.81x | 1.26x | CN¥17.54 Million |
| 2023 | 10.51% | 10.01% | 0.81x | 1.30x | CN¥10.57 Million |
| 2024 | 8.50% | 7.68% | 0.86x | 1.29x | CN¥-31.89 Million |
| 2025 | 0.89% | 1.02% | 0.71x | 1.22x | CN¥-188.16 Million |
Industry Comparison
This section compares Xiamen R&T Plumbing Technology Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,466,211,670
- Average return on equity (ROE) among peers: -14.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen R&T Plumbing Technology Co Ltd (002790) | CN¥2.06 Billion | 39.19% | 0.22x | $357.71 Million |
| China Fangda Group Co Ltd (000055) | $1.09 Billion | 5.03% | 0.82x | $344.14 Million |
| Huasu Holdings Co Ltd (000509) | $220.43 Million | 2.99% | 1.78x | $489.94 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $155.18 Million | 9.05% | 0.16x | $301.48 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $4.46 Billion | 15.17% | 1.11x | $4.31 Billion |
| Yantai Moon Co Ltd (000811) | $1.71 Billion | 15.60% | 0.70x | $3.26 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $79.36 Million | -205.51% | 11.08x | $283.01 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.20 Billion | 15.44% | 0.40x | $832.70 Million |
| Everjoy Health Group Co Ltd (002162) | $1.29 Billion | 3.57% | 1.10x | $489.88 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $1.02 Billion | 0.41% | 2.50x | $270.59 Million |
| Puyang Refractories Group Co Ltd (002225) | $2.43 Billion | -7.62% | 0.93x | $546.22 Million |
About Xiamen R&T Plumbing Technology Co Ltd
Xiamen R&T Plumbing Technology Co.,Ltd. engages in the research and development, production, and sale of bathroom products and accessories worldwide. The company's products include smart series, including tankless smart toilets, electrical and non-electric bidet seats, and heated toilet seats; concealed cisterns, such as dual flush, pneumatic, and sensing actuators; and barrier-free products, inc… Read more